Company Registration No. 09720066 (England and Wales)
INNERCITY SCAFFOLDING LIMITED
Unaudited accounts
for the year ended 31 August 2023
INNERCITY SCAFFOLDING LIMITED
Unaudited accounts
Contents
INNERCITY SCAFFOLDING LIMITED
Company Information
for the year ended 31 August 2023
Company Number
09720066 (England and Wales)
Registered Office
Unit 5, Schooner Park Schooner Court
Crossways Business Park
Dartford
Kent
DA2 6NW
United Kingdom
INNERCITY SCAFFOLDING LIMITED
Statement of financial position
as at 31 August 2023
Tangible assets
3,963,582
3,442,419
Inventories
241,279
30,954
Cash at bank and in hand
13,483
44,675
Creditors: amounts falling due within one year
(728,061)
(345,268)
Net current assets
186,144
421,747
Total assets less current liabilities
4,149,726
3,864,166
Creditors: amounts falling due after more than one year
(2,774,132)
(2,868,912)
Net assets
1,375,594
995,254
Called up share capital
100
100
Profit and loss account
1,375,494
995,154
Shareholders' funds
1,375,594
995,254
For the year ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 October 2023 and were signed on its behalf by
Matthew Phillips
Director
Company Registration No. 09720066
INNERCITY SCAFFOLDING LIMITED
Notes to the Accounts
for the year ended 31 August 2023
INNERCITY SCAFFOLDING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09720066. The registered office is Unit 5, Schooner Park Schooner Court, Crossways Business Park, Dartford, Kent, DA2 6NW, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% Straight Line
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2022
3,544,592
254,340
128,777
3,927,709
Additions
868,400
33,330
161,025
1,062,755
At 31 August 2023
4,412,992
287,670
289,802
4,990,464
At 1 September 2022
308,992
144,104
32,194
485,290
Charge for the year
441,299
35,891
64,402
541,592
At 31 August 2023
750,291
179,995
96,596
1,026,882
At 31 August 2023
3,662,701
107,675
193,206
3,963,582
At 31 August 2022
3,235,600
110,236
96,583
3,442,419
INNERCITY SCAFFOLDING LIMITED
Notes to the Accounts
for the year ended 31 August 2023
Amounts falling due within one year
Trade debtors
659,443
691,386
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
303,436
229,312
Trade creditors
424,625
115,956
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
2,774,132
2,868,912
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).